Businessman Elon Musk Photo: Shutterstock
Elon Musk warns new cryptocurrency investors After Musk's tweet, Dogecoin rose from $ 0.57 to $ 0.59 Elon Musk warned his Twitter followers against excessive investment in cryptocurrencies - the day before he aired a skit about Dogecoin on Saturday Night Live. "Cryptocurrency is promising, but invest carefully!" Musk tweeted. Dogecoin went up from $ 0.57 to $ 0.59 immediately after the tweet. It is now traded for $ 0.62. Attached to Musk's tweet is a video interview that the online media TMZ published in February. In the video, Musk told anxious reporters and fans: “People should not invest their savings in cryptocurrencies. This is unwise. “